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HNA Group to set up new airline in Dalian

After the successful cooperation with Yunnan and Tianjin governments for capital injection to its airlines, HNA Group has moved on to set up a new airline in Dalian in Liaoning.

Under the investment cooperation agreement signed by the Dalian Free Trade Zone Administrative Committee and HNA Group, the two will jointly set up Dalian Airlines, and arrange strategic cooperation in financing, logistics, air transport, real estate investment, aviation facilities and supplies manufacturing, import and export, and related products.

Hainan Airlines set up a Dalian Branch two years ago. As well as Yunnan, Tianjin and Dalian, HNA Group has also signed a cooperative agreement with Zhejiang for the development of aviation, shipbuilding, tourism, and finance.

(China Hospitality News August 19, 2009)